Why Friday Could Be a Letdown for Many Traders
|We come into Friday with the US Dollar still very much in demand across the board and still doing a fabulous job against the Euro and Pound. At the same time, daily studies are showing the Dollar overbought and in position to reverse lower. So what should we expect on this Friday and what do we need to know?
Five day performance v. US dollar
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.